Senate Greenlights GENIUS Act for Stablecoins, But House Battle Brews On June 17, 2025, the U.S. Senate made history by passing the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act with a decisive 68-30 vote, marking the first time Congress has approved legislation specifically targeting stablecoins and digital assets. This could be a […]
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Can Tether’s Dominance Survive the U.S. Stablecoin Regulatory Storm? Tether, the undisputed titan of stablecoins with 155 billion USDT in circulation, stands at a crossroads as U.S. lawmakers tighten the noose with the groundbreaking GENIUS Act of 2025. Already passed by the Senate with a decisive 68-30 vote, this legislation could either force Tether into […]
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Stablecoins Clash with US Treasuries: A Financial Powder Keg Waiting to Explode? Stablecoins, the dollar-pegged digital tokens of the crypto world, are no longer a niche experiment—they’re muscling into the $29 trillion US Treasury market with a force that could either fortify global finance or blow it to smithereens. With issuers like Tether and Circle […]
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Tether Unveils Gold-Backed XAUt0 on TON Blockchain: Tokenized Gold Meets DeFi Disruption Tether, Inc. has made waves in the crypto and precious metals markets by launching XAUt0, a gold-backed token on The Open Network (TON) blockchain. With gold prices hitting record highs and the appetite for tokenized real-world assets (RWAs) growing, this move signals a […]
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Tether CEO Declares USDT a Pillar of U.S. Dollar Dominance In a bold statement that shook the financial world, Tether CEO Paolo Ardoino declared USDT as a crucial pillar in the ongoing saga of U.S. dollar hegemony. Speaking to CNBC, Ardoino didn’t mince words about Tether’s significant financial clout, likening the company’s U.S. Treasury holdings […]
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CitizenX Joins Forces With El Salvador to Expand Bitcoin-Backed Passport Initiative Swiss tech firm CitizenX has partnered with El Salvador to broaden the reach of its innovative “Freedom Passport” program, offering a fast track to Salvadoran citizenship for wealthy individuals willing to donate $1 million in either Bitcoin (BTC) or Tether (USDT), a type of […]
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Tether’s $120 Billion Treasury Stash Surpasses Germany, Ranks 19th Globally Tether, the powerhouse behind the stablecoin USDT, has made headlines by surpassing Germany to become the 19th-largest holder of US government debt, with a staggering $120 billion in US Treasuries. This milestone underscores the growing impact of cryptocurrency firms on traditional finance, but it also […]
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Tether on TRON Surpasses $75 Billion, Leading Stablecoin Activities Tether (USDT) on the TRON blockchain has hit a significant milestone, reaching over $75 billion in circulation, solidifying TRON’s position as the leading platform for stablecoin transactions. Tether on TRON exceeds $75 billion TRON leads in global USDT supply Over 8.3 million daily transactions T3 Financial […]
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Tether’s Blacklisting Delay Allows $78M in Illicit Funds to Slip Through, Report Reveals – Tether’s delay enabled $78M in illicit funds to move – Multisignature contract causes enforcement delays – Ethereum and Tron networks impacted – Stablecoin regulation stalls in Congress – Political tensions over Trump’s crypto initiatives A recent report by AMLBot has exposed […]
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Crypto Crime Bust: $27B Telegram-based Haowang Guarantee Shut Down In a stunning move against crypto crime, Haowang Guarantee, a notorious Telegram-based black market that facilitated over $27 billion in illicit cryptocurrency transactions, was abruptly shut down. The action, spurred by investigations from WIRED and blockchain analytics firm Elliptic, led Telegram to ban thousands of accounts […]
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